Below are examples of the calculation rules for trading commissions, third-party fees, and margin financing interest in the Hong Kong stock market.

1. Example

2. Commission Rate

3. Rules

Commission / trading platform fee calculation rules: Commission and platform fee are calculated separately and collected according to individual orders.

Margin Interest calculation rules：No interest will be calculated before transaction is settled,Interest will be calculated after settlement completes

Lifetime commission-free rule: The card will take effect the next day after activation, and the relevant market will be exempted from trading commission except for Pre-IPO trading.

4. Calculation results

Commission / trading platform fee

01288.HK stocks were purchased on 11 November, and two orders completed at different times are considered different orders. Each order will also be treated as separated trades and commissions are calculated separately.

The calculation results are as follows:

01288.HK stocks were sold on 12 November, and two orders completed at different times are considered different orders. Each order will also be treated as separated trades and commissions are calculated separately.

The calculation results are as follows:

Third-party agency fees

01288.HK stocks were purchased on 11 November and executed at different points in time. Two orders were executed in total. Third-party agency fees are calculated as follows:

01288.HK stocks were sold on 12 November and executed at different points in time. Two orders were executed in total. Third-party agency fees are calculated as follows:

Margin Interest

If the account cash balance is 0 as HK dollar, means that allows you to borrow cash to purchase stocks. (Clients needed to meet margin requirements)

Buying 01288.HK stock on 11 November, the settlement amount required for delivery on 13 November is:

（104,300+31.29+15+115.97）+（5,980+3+15+8.51）=110,468.77.

Selling 01288.HK stock on 12 November, the settlement amount required for delivery on 14 November is:

（90,600-27.18-15-100.71）+（18,120-5.44-15-22.55）=108,534.12.

Key takeaways:

• Fee calculation: Trading commissions are calculated separately for each order and are not aggregated.
• Margin financing interest calculation: No interest is charged on undelivered trading; interest begins to accrue from the delivery day.
• Commission-free rule: The coupon takes effect on the next day after being activated, and commissions for non-dark market trading in the corresponding market will be waived.

Disclosures

This article is for reference only and does not constitute any investment advice.